John Wells, CPA, is planning the audit of CVG Services, Inc. As a result of his risk assessment procedures. Wells has identified several fraud risks.
Required:
a. Explain in detail how Wells might respond to risks of material misstatement of the financial statements due to fraud.
b. Describe the auditors' communication responsibilities in situations in which the auditors believe fraud has occurred.

Answer:

Any sorts of violenece or any illegal acts on human or their rights and freedom..

The subtotals feature in Excel can be used to insert subtotal rows by employee to calculate the total expense by the employee.

To use the Subtotals feature in Excel to insert subtotal rows, follow these steps:

This will insert subtotal rows after each change in employee and calculate the total expense by employee. You can collapse or expand the groups by clicking on the numbers in the left margin to show or hide the subtotals.

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In comparing bonds with notes, it is false that bonds are typically issued to a single lender while notes are issued to many lenders.

In finance, a bond means an instrument

that represents a loan made by an investor to a borrower (typically for corporate or governmental). It could be thought of as I.0.U. between the lender and borrower that includes the details of the loan and its payments. Bonds are popularly used by companies, municipalities, states, and sovereign governments to finance projects and operations. The owners of bonds are debtholders, or creditors, of the issuer.

In finance, a note refers to debt security

obligating repayment of a loan, at a

predetermined interest rate within a defined time frame. They are similar to bonds but typically have an earlier maturity date than other debt securities, such as bonds.

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Explanation:

Answer:

A breakdown or emergency or an unexpected event

Explanation:

The emergency kit should always be kept in the car along with it the fresh water should also be there as if there is any emergency or breakdown occurs or the event i.e. not expected arise so these things would be used so that the problem you are suffering would be solved as soon as possible. Also if you are feeling thirsty so here you need is the water

So according to the given statement, A breakdown or emergency or an unexpected event is an answer

Answer:

B. $.025

Explanation:

Calculation to determine How much will the unsecured creditors receive per each dollar they are owed

First step is to determine the Mortgage unsecured

Mortgage unsecured = $830,000 -$794,000

Mortgage unsecured= $36,000

Second step is to calculate the Funds available after expenses

Funds available after expenses = $467,000 - $330,000

Funds available after expenses = $137,000

Third step is to calculate the Funds available after secured claims

Funds available after secured claims = $137,000 - $128,000

Funds available after secured claims= $9,000

Fourth step is to calculate the Total unsecured claims

Total unsecured claims = $36,000 + $329,000 Total unsecured claims = $365,000

Now let determine Percent unsecured claims paid

Percent unsecured claims paid = $9,000 / $365,000

Percent unsecured claims paid= .025*100

Percent unsecured claims paid=2.5%

Therefore the amount of that the unsecured creditors receive per each dollar they are owed will be $.025

The functions would be Implied authority for an apartment manager is collecting rent from the tenants.

According to the Implied authority, it is an authority that is not express or written into a contract, but it is authority an agent is assumed to have in order to transact the business for a principal.

Each partner in a business has the Implied authority to act in the name of the company. The implied authority of a partner to bind the firm conferred by this section.

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Answer:

Explanation:

The 3 Best Places Online to Find Authentic Jordans on Salehttps://www.bradsdeals.com › cheap-jordans-for-sale

Jul 16, 2020 — Ever since Michael Jordan began slam-dunking from the free throw line in the 80s, his shoes have succeeded wildly as one of the most coveted ...

Answer:

Question 58: True

Question 59: False

Question 60: False

Question 61: Quote to cash, procure to pay, make to stock, make to order, record to report

Question 62: Developing information systems because they depict how the process that is being automated/enabled should be performed; improving business processes; training new employees.

Explanation:

Answer:

Zoom you mean?

Explanation:

Answer:

I want to call my mom,lol

Explanation:

What does it mean to underwrite a share issue

The Affordable Care Act (Obamacare) mimicked policy proposals but all of the following politicians EXCEPT Bill Clinton.

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The maximum increase of $66.67 million is possible in money supply.

The reserve ratio is the percentage of reservable liabilities that commercial banks must retain and not lend or invest. The country's central bank in the US, the Federal Reserve determines this criterion. The term "cash reserve ratio" is also used to describe it.

The required reserve ratio can be calculated by simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit. The quantity of reserves held with the central bank divided by the number of deposit liabilities that the bank owes to its customers is the reserve ratio formula.

Given:

The total increase in the money supply

= excess reserve/reserve ratio = 20/0.3

= 66.6666667 = 66.67 million

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Modern big data analytics and operations expect the styles of consumers. After that, they use the one's styles to inspire brand loyalty as they are able to acquire greater data to examine greater developments for customer satisfaction.

Business analytics (BA) is a set of disciplines and technology for fixing commercial enterprise issues with the usage of records analysis, statistical models, and different quantitative methods.

Business analytics allows for handing over smarter offerings and products.

Thus, Business analytics allows organizations to provide better products and improve customer satisfaction.

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Answer:

Adrean :)

Explanation:

eugh

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

78 000

Explanation:

Total no. of shares of stock is 650 000

Mike owns 12% of 650 000

12% is 12 over 100 multiply by 650 000

12÷100×650 000

=78 000

Mike owns 78 000 shares of stock.

As per the given data, the number of shares of Bulls Corporation stock that are owned by Mike 12% is 78000.

The term which is used to specify the parts of a portion of anything is known as a "share" in daily life. The term "share" is also used by people, like when one wants their child to learn about the importance of sharing things with their friends or family members.

According to the given statement, "share" is a term which is used in the sense of economics. A share is basically a part of a company, after which anyone can become a partner of that company.

The main reason for issuing public shares in any way is to save money for business expansion. It is not necessary for anyone to own all of the shares; they can take whatever percentage of shares they want and can afford.

Therefore, the number of shares of Bulls Corporation stock that are owned by Mike at 12% is 78000.

An image has been attached for better understanding.

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Answer:

Invoice

Explanation:

A sales transaction can be defined as a business transaction between two or more individuals or organizations, which generally involves the buyer purchasing either a tangible or intangible goods and services from the seller (service provider) through the use of money, credit cards or vouchers.

An invoice can be defined as an accounting document which is used for recording the essential details of the payment of goods and services made by a customer. It is the first step in the sales transaction, as it is expected that the seller or service provider makes it available and issues it for all sales transactions. Also, it is an essential accounting document which serves as an evidence of payment and delivery of goods and services to the customer.

In conclusion, a document that refers to a customer billing for merchandise such as finished goods like television, smartphone, shirt, trouser, cup, radio, furniture, etc., bought on credit is called an invoice.

To be successful, strategic planning requires a company to have a long-term orientation.

Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.

On the hand  long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.

Therefore the statement that filled the gap is long term.

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1. Encourage employees to take risks and explore new ideas.

2. This autonomy can enhance their motivation and sense of ownership, leading to increased innovation.

3. You can organize brainstorming sessions, innovation workshops, or implement digital platforms for idea sharing.

Turning employees into sources of innovation is a crucial aspect of organizational success. Here are three best practices for achieving this:

1. Foster a culture of experimentation and learning: Encourage employees to take risks and explore new ideas.

Create an environment where failure is seen as a learning opportunity rather than a setback. Provide resources and support for employees to experiment and learn from their experiences.

For example, you can establish innovation labs or allocate dedicated time for employees to work on their own projects.
2. Empower employees with autonomy: Give employees the freedom to make decisions and take ownership of their work.

Encourage them to think creatively and challenge the status quo. Allow them to pursue their own ideas and initiatives.

This autonomy can enhance their motivation and sense of ownership, leading to increased innovation.

For instance, you can implement flexible work arrangements or establish cross-functional teams where employees have the autonomy to make decisions.
3. Promote collaboration and knowledge sharing: Encourage employees to collaborate and share their ideas and expertise.

Facilitate cross-functional collaboration by creating platforms and spaces for employees to connect and exchange knowledge.

Foster a culture of open communication and active listening. By promoting collaboration and knowledge sharing, employees can leverage diverse perspectives and insights to generate innovative ideas.

For instance, you can organize brainstorming sessions, innovation workshops, or implement digital platforms for idea sharing.

Applying these principles in an organization may face some obstacles. Resistance to change, fear of failure, and a rigid hierarchy are common challenges.

However, the following steps can help overcome these obstacles:

1. Leadership support: Engage leadership in promoting innovation and provide them with training on the benefits and techniques of fostering innovation.

Leaders can set an example by embracing innovation themselves and encouraging others to do the same.

2. Communication and transparency: Clearly communicate the rationale behind the initiatives and the potential benefits to employees.

Address any concerns or fears they may have. Keep employees informed about the progress and impact of innovation efforts to build trust and buy-in.
3. Continuous learning and development: Provide training and development opportunities to enhance employees' innovation skills and mindset.

Offer resources and workshops on creativity, problem-solving, and entrepreneurial thinking.

This investment in employee development can strengthen their ability to contribute to innovation initiatives.

Overall, while implementing these best practices may face challenges, a supportive leadership, effective communication, and continuous learning can help organizations overcome these obstacles and create a culture that fosters employee innovation.

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While implementing these practices in a familiar organization may face obstacles such as resistance to change, fear of failure, departmental silos, and resource limitations, proactive steps like clear communication, supportive environments, dedicated spaces, and allocated resources can help overcome these obstacles and create a culture that drives innovation.

Encouraging employees to become innovators and fostering a culture of innovation within organizations is crucial for long-term success in today's rapidly evolving business landscape. This research paper examines three best practices for turning employees into sources of innovation and discusses their feasibility and potential obstacles in implementing these practices within familiar organizations.

1. Encourage Autonomy and Entrepreneurial Mindset:

Granting employees a certain level of autonomy and cultivating an entrepreneurial mindset is essential to promote innovation. Organizations should empower employees to take ownership of their work, encourage them to experiment, and provide them with the freedom to explore new ideas. By fostering a culture that values risk-taking and learning from failures, employees are more likely to think creatively and develop innovative solutions.

Feasibility in Familiar Organization:

In implementing this practice, one obstacle might be the resistance to change or the fear of failure within the organization. To overcome this, management should clearly communicate the benefits of autonomy and instill a supportive environment where employees feel encouraged to take calculated risks. Setting up innovation challenges or creating dedicated time for employees to work on passion projects can also help unleash their entrepreneurial spirit.

2. Establish Cross-functional Collaboration:

Creating opportunities for cross-functional collaboration is crucial for generating innovative ideas. By bringing together individuals from diverse backgrounds, skill sets, and perspectives, organizations can facilitate the exchange of ideas and foster a culture of collaboration. Encouraging employees to work on interdisciplinary projects and establishing platforms for knowledge sharing can significantly enhance innovation.

Feasibility in Familiar Organization:

One potential obstacle to cross-functional collaboration might be departmental silos and a lack of communication channels. To address this, organizations can implement initiatives such as regular team-building activities, cross-functional training sessions, or even the creation of dedicated innovation hubs or spaces where employees from different departments can interact and collaborate. Clear communication channels, inclusive decision-making processes, and shared goals can also help overcome barriers to collaboration.

3. Emphasize Continuous Learning and Skill Development:

Promoting a culture of continuous learning and skill development is vital for nurturing innovation. Organizations should provide opportunities for employees to enhance their knowledge and acquire new skills relevant to their roles and beyond. Offering training programs, workshops, mentorship opportunities, and access to resources like online learning platforms can enable employees to stay updated with emerging trends and technologies, fostering a mindset of innovation.

Feasibility in Familiar Organization:

A potential obstacle to implementing this practice could be budget constraints or time limitations. Overcoming these challenges requires organizations to prioritize employee development, allocate resources for training programs, and create a supportive learning environment. Establishing clear learning objectives aligned with business goals, offering flexible learning options, and recognizing and rewarding employees' efforts in skill development can further enhance the feasibility of this practice.

While implementing these practices in a familiar organization may face obstacles such as resistance to change, fear of failure, departmental silos, and resource limitations, proactive steps like clear communication, supportive environments, dedicated spaces, and allocated resources can help overcome these obstacles and create a culture that drives innovation.

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Answer:

Productivity means, the act of doing consistent work.

Explanation:

Example: The Factory has gone up by 30% in the last year.

Jenna is working on her productivity so she could pass her class.

Answer:

introduction stage

Explanation:

it's making me have 20 characters so it's just introduction stage to introduce a new product

Answer:

Ruby

Explanation:

Because she is a minor, but Ruby must return the car.

The contract between  Ruby and Smitz can be canceled by Ruby. Because she is a minor, but Ruby must return the car on cancellation of the contract.

A contract is an agreement that specifies certain legally binding rights and responsibilities for two or more mutually agreeing parties. A contract usually includes the exchange of goods, services, or money, or the promise to exchange any of these at a later date.

If a contract is breached, the injured party may pursue judicial remedies such as damages or rescission. A treaty is a legally binding arrangement between parties in international law.  When a party to a contract fails to fulfil its obligation(s), whether partly or entirely, as specified in the contract, or conveys an intent to fail the obligation, or otherwise appears unable to perform its obligation under the contract, this is referred to as a breach.

Therefore, in this case as Ruby is a minor she must return the car when the contract between Ruby and Smitz will be canceled.

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Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.

Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.

In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.

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The present value would be $21070.31.  Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.

Given that,

semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.

It means, payment is made semi annually  that is two times (twice) in a year.

Payment made =  $2527.

Interest rate =6.1%

Hence, compounded semi annually  = 0.061

Time duration = 6 years = 6 × 2 = 12 (two times)

Using Formula: P = A * i / 1 - (1 + i)-t

Therefore,

Where,

A = amount to pay

P = payment made

t = time duration

i =  interest rate

By placing given values in the formula, we obtain,

A=21070.306476

Hence, the present value is $21070.31

Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.

Semi-annual dates mean June 30th and December 31st of each year.

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Answer:D

Explanation:

edge

Answer:

A-Occupational Health and Safety Specialist

Explanation:

Occupational Health and Safety Specialist. Hence, option A is appropriate.

A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.

Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.

Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.

The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.

Hence, option A is correct.

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